ASIMCO Technologies Limited Business Report FY2010

Business Highlights

Contracts

-Asimco Yizheng Shuanghuan Piston Ring Co., Ltd. after years of focusing its development activities to improve its products, was finally certified in becoming one of the suppliers of Chongqing Cummins in year 2008. (From a press release on May 15, 2009)

Award

-Yizheng Shuanghuan Piston Ring Co., Ltd., which is a subsidiary of the Company, has received the following awards from its customers: the Excellent Supplier Award for 2010 from Dongfeng Chaoyang Diesel Engine; the Excellent Supplier Award from Jiangxi Velff Engine Co., Ltd.; the Excellence in Quality Award from Deutz (Dalian) Engine Co., Limited; the Excellent Supplier Award for the seventh consecutive year from Shanghai Diesel Engine; and the Excellent Supplier Award from China National Heavy Duty Truck., the Excellent Supplier Award for 2010 from both Beijing Foton Environmental Engine Co., Lyd. and Tianjin Lovol Engines Co., Ltd., the Excellent Supplier Award for 2010 from Yuchai Machinery, the Best Quality Award from Weichai Power. (From a press release, April 12, 2011)